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Del. Justices Reverse Stockholder Snub In 3D-TV Co. Row

By Jeff Montgomery ( June 15, 2022, 5:42 PM EDT) -- The Delaware Supreme Court vacated on Wednesday a Chancery Court ruling that a common law "insolvency exception" to state corporation law eliminates a requirement for a stockholder vote before directors can hand a broke and debt-ridden company to secured creditors. . . .

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